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a criminal prosecution of europe's largest bank might destablize the global system. >>> that closes the books on the biggest bailout. the government's 16% stake is worth almost $8 billion. >> made a profit off of that deal. >>> thanks to the surge in online shopping, shipping services expecting a record-setting year. a record number of packages are in the fedex pipeline after its busiest shipping day ever. abc news got a special look inside its global hub in the city of memphis. by yesterday afternoon, more than 19 million packages had been shipped. 10% more than the busiest day last year. business is up. >> mind-boggling. >>> facebook and gmail seem to be all right this morning. but both services had brief outages. some users had problems with google calendar and documents for about an hour. there's no word from google about the cause. facebook said it changed a web address. that outage lasted 20 long minutes. >>> and pepsi's latest global partner is my girlfriend, beyonce. beside her appearance at the pepsi halftime show at the super bowl, the singer will appear on everything from sod
a criminal prosecution of europe's largest bank might destablize the global system. >>> that closes the books on the biggest bailout. the government's 16% stake is worth almost $8 billion. >> made a profit off of that deal. >>> thanks to the surge in online shopping, shipping services expecting a record-setting year. a record number of packages are in the fedex pipeline after its busiest shipping day ever. abc news got a special look inside its global hub in the city of...
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probes of money laundering tied to europe's largest banks. surss say that would make it the largest foriture ever by a bank. in a agreement, prosecutors allow a target to avoid prosecution by meeting certain conditions, including payment of fines or penalties. stocks closing high yes, better than expected. Ãalso all pulling in. and square is now offering digital gift cards just in time for the holiday season, users will be able to buy gift cards to merchants that use square through the app. the companies expected to process $10 billion in transactions this year. in san francisco, larry, carolyn, back to you. >> thank you weather. news upper mid west digging out from a major blizzard. a storm dropped well over a foot of snow and was the worst storm to hit the minneapolis st. paul area. hundreds of car accidents have been reported and conditions shutting down major highways. the storm is losing power. >> we have opposite conditions here. it's warm. >> beautiful outside. >> yes. >> almost hit 70 degrees in spots so far today. but thatÑl÷Ñ is
probes of money laundering tied to europe's largest banks. surss say that would make it the largest foriture ever by a bank. in a agreement, prosecutors allow a target to avoid prosecution by meeting certain conditions, including payment of fines or penalties. stocks closing high yes, better than expected. Ãalso all pulling in. and square is now offering digital gift cards just in time for the holiday season, users will be able to buy gift cards to merchants that use square through the app....
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are upset saying the ran-not dated legislature shoved the measure -- the republican-dominate -- >>> europe's bank agreeing to pay a fine for anotherly -- for nearly two billion dollars and sorry for past mistakes. facebook making change to infrastructure. officials gathering today for start of two day meeting. fed will unleash new round of bond buying designed to keep interest rates low. higher close yesterday. if you are looking for a bargain now could be a good time to pick up a pick-up. general motors boosting buyer insensitives trying to dump extra stock and keep up with better deals on-ramps and nissan titans. at the new york stock exchange, i'm jane king. >>> 5:46. this afternoon as you drive home or after you get home and have dinner that you see the rain? >> may have a scout shower ahead, really going to be evening and overnight hours. until we get there we have transitions. you don't see it here we are looking south if we are looking north in the north bay, a lot of fog along 101 here crystal clear sky over san francisco. doppler is dry now. widen out the perspective near seattle th
are upset saying the ran-not dated legislature shoved the measure -- the republican-dominate -- >>> europe's bank agreeing to pay a fine for anotherly -- for nearly two billion dollars and sorry for past mistakes. facebook making change to infrastructure. officials gathering today for start of two day meeting. fed will unleash new round of bond buying designed to keep interest rates low. higher close yesterday. if you are looking for a bargain now could be a good time to pick up a...
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the report says that overall, asia will top north america and europe with population, military spending and investing in technology. >> and one of the bright spots for the u.s., we are expected to become energy independent and the world's largest exporter by the year 2030. people talk about china and their booming economy over there, and this quantifies just how fast they are coming on. pretty amazing. >> the world's population is projected to rise to 8.3 billion from 7.1 billion. and demand for food will go up 35%, and demand for water, 40% more than current water supplies, making water a likely cause of regional conflict, particularly in south asia and the middle east. water and food. there's not going to be enough for us. >> what a bright future. >>> this morning, the streets of cairo promise to be packed today with protests for the egyptian capital. two separate million-man marches are planned as supporters and opponents of president mohamed morsi demonstrate ahead of a saturday vote on a measure giving morsi sweeping new powers. >>> they are digging out in the upper midwest after t
the report says that overall, asia will top north america and europe with population, military spending and investing in technology. >> and one of the bright spots for the u.s., we are expected to become energy independent and the world's largest exporter by the year 2030. people talk about china and their booming economy over there, and this quantifies just how fast they are coming on. pretty amazing. >> the world's population is projected to rise to 8.3 billion from 7.1 billion....
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problems is more europe ok but a lot of people on the ground are saying enough europe how do you square the circle well you need leadership of course the anxiety tells you i go back to the place where i feel comfortable the comfort zone is the nation state so far of course you have to show that there is a solution with more europe and not even more trouble i strongly believe in an economic crisis if america lentil on how all of the names of the leaders are say we need to more coordinated these things people would agree and you make policy by policy you see that north africa immigration is not an italian problem so you don't make a national competence about european you see that foreign policy cannot be national nationally let's say steer only but european wide and step by step people will understand that this solution is more europe ok in return how do you explain people in spain for example when there's fifty percent unemployment for young people the you need more europe. well you know i think if the spanish people look at the successful nations of europe that's where they where they h
problems is more europe ok but a lot of people on the ground are saying enough europe how do you square the circle well you need leadership of course the anxiety tells you i go back to the place where i feel comfortable the comfort zone is the nation state so far of course you have to show that there is a solution with more europe and not even more trouble i strongly believe in an economic crisis if america lentil on how all of the names of the leaders are say we need to more coordinated these...
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a special day for europe. the european union collect the nobel peace prize in oslo. >> the thousands of jobs under threat. carmaker opel halts production at one of its biggest plants in germany. >> and will he or won't he -- mario monti's back and forth on resignation casts uncertainty over italy's economic and political future. >> we begin the show with what has been a day of celebration for the european union. >> the three senior figures representing the eu have been in the norwegian capital, oslo, to collect the nobel peace prize. it was awarded to the 27-member bloc for six decades of promoting peace, democracy, and human rights. >> however, not everyone is happy. some have asked whether the price is justified at that time when the eu is mired in economic and financial -- the prize is justified at that time when the eu is mired in economic and financial crisis. desmond tutu says it is an organization based on military force. >> coveted award was accepted with pride by the eu's 3 president, martin schulz, h
a special day for europe. the european union collect the nobel peace prize in oslo. >> the thousands of jobs under threat. carmaker opel halts production at one of its biggest plants in germany. >> and will he or won't he -- mario monti's back and forth on resignation casts uncertainty over italy's economic and political future. >> we begin the show with what has been a day of celebration for the european union. >> the three senior figures representing the eu have been...
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Dec 11, 2012
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we're seeing definitive bifurcation of northern europe and southern europe. southern europe, we are creating an underclass of long-term, especially youth unemployed that is going to give us a problem when the economies eventually start to get into balance and start to pick up. we still have this issue, even though we have tens of millions of people out of work, we still can't find the right skills and the right time. >> you mentioned the uk. the unemployment picture never got that bad in britain. so what happens now? why did it outperform? >> the uk is so different from the rest of europe. we've got london, the financial services sector, that didn't actually, in terms of job numbers, get hit as hard as the rest of europe. so the uk has been pretty resilience. that is starting to create jobs regionally all around the country. the thing we have to look at, though, is a lot of the jobs that have been created are part-time and temporary. but both are still jobs and now jobs are being created in the uk. >>. >> david there speaking with ross. >>> now, the fed begin
we're seeing definitive bifurcation of northern europe and southern europe. southern europe, we are creating an underclass of long-term, especially youth unemployed that is going to give us a problem when the economies eventually start to get into balance and start to pick up. we still have this issue, even though we have tens of millions of people out of work, we still can't find the right skills and the right time. >> you mentioned the uk. the unemployment picture never got that bad in...
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members of the european parliament and all the other people who work for the europe. and it is radically out of touch with ordinary people and not just with the people who demonstrate the youth unemployment figures in greece and spain and other countries are truly horrifying and in the name of the european ideology europe is not being put through some of the most difficult economic times it seems is the ninety. seems so whichever way you look at the nonsensical judgment it's an absolute. story cohorts of acacia discredits the nobel prize and so. what onery people endure life in the direct it seems that some corporate giants will stop at nothing to get out of paying their shame tax evasion and avoidance costs the debt stricken blow one point three trillion dollars a year a figure that's no longer being tolerated as our first reports. of. people from all of that tend not to point to the scandals with companies like starbucks and airplane google at the moment it's really part of a much larger picture welcome to the world of tax avoidance illegal but morally suspect way t
members of the european parliament and all the other people who work for the europe. and it is radically out of touch with ordinary people and not just with the people who demonstrate the youth unemployment figures in greece and spain and other countries are truly horrifying and in the name of the european ideology europe is not being put through some of the most difficult economic times it seems is the ninety. seems so whichever way you look at the nonsensical judgment it's an absolute. story...
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Dec 11, 2012
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donations, why saudi arabia is building mosques in europe. and child abuse, why british victims are speaking out now. it is official -- cyprus is the latest patient that needs an injection of aid amounting to billions from its european partners. in these times of crisis, it has become obvious that the small country relied on its fine it -- financial sector to much, and toxic loans and bad speculation eventually tipped to the banks over the edge, so now cypress wants to be bailed out by europe. in return, international lenders want cyprus to introduce reforms and strict austerity measures. these would involve job losses and pay cuts, which is bad news for many cypriots who are already struggling to pay their bills. >> a decade ago, this dancer and musician was a star in cyprus, performing in clubs or appearing on television every night. women were at his feet. they called him the palomino of nicosia -- the ballerino of nicosia. now he and his wife sit at home with their son. the family have debts they cannot repay. they have three loans adding
donations, why saudi arabia is building mosques in europe. and child abuse, why british victims are speaking out now. it is official -- cyprus is the latest patient that needs an injection of aid amounting to billions from its european partners. in these times of crisis, it has become obvious that the small country relied on its fine it -- financial sector to much, and toxic loans and bad speculation eventually tipped to the banks over the edge, so now cypress wants to be bailed out by europe....
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greece europe so one cannot say that there is in case of europe since then in any case if we look further afield with syria the european union's policy the actual policy of the european union as an organization nevermind its member states has been in my view to fan the flames of the conflict in syria and not to act as a peace broker so there is literally no way in which we can say that the european union has fostered peace. for egypt is on tenterhooks moral protests are expected between those backing in the posing president. why the country could plunge into civil war as a deeply divisive constitution friend looms large. on the story of an american woman who was forcibly sterilized as a teenager as part of a government program to build a support healthy nation so here a couple minutes. if you're passing through rushes to veer region you really can't go on the wild side thousands of kilometers of unspoilt countryside make up an area where it's still possible to live off the land such spectacular scenery makes it a paradise for fishermen and provides a business opportunity for hunches. ther
greece europe so one cannot say that there is in case of europe since then in any case if we look further afield with syria the european union's policy the actual policy of the european union as an organization nevermind its member states has been in my view to fan the flames of the conflict in syria and not to act as a peace broker so there is literally no way in which we can say that the european union has fostered peace. for egypt is on tenterhooks moral protests are expected between those...
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reduce europe so one cannot say that there has been peace of europe since there in any case if we look further afield with syria the european union's policy the actual policy of the european union as an organization never mind its member states has been in my view to fan the flames of the conflict in syria and not to act as a peace broker so there is literally no way in which we can say that the european union as foster peace. while ordinary people enjoy life in the austerity red to e.u. does seem some corporate giants will stop at nothing to get out of paying their shame tax evasion and avoid its cost the dead stricken bloc one point three trillion dollars a year a figure that's no longer being tolerated as artie's affair for its reports. well people from all over the board tend not to protect this country because companies like starbucks and apple and google at the moment it's really part of a much larger picture welcome to the world of tax avoidance illegal but morally suspect way the companies and the wealthy have been dodging paying their fair share most people are due to discuss
reduce europe so one cannot say that there has been peace of europe since there in any case if we look further afield with syria the european union's policy the actual policy of the european union as an organization never mind its member states has been in my view to fan the flames of the conflict in syria and not to act as a peace broker so there is literally no way in which we can say that the european union as foster peace. while ordinary people enjoy life in the austerity red to e.u. does...
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one of the reasons is europe, europe has been a break out and the dollar has been weaker and that has held equities higher. we continue to move to the upside. so far so good. 20 of 30 names are winners and mcdonald's is down. cheryl: a couple things we are watching for. house speaker john boehner expects to make some last minute remarks on the progress of the fiscal cliff talks, the president began on the house floor. we did not expect this at all. now we're hearing we will get some type of statement from john boehner. what do we expect? >> on the house floor, in the next five to ten minutes, somewhere near the top of this hour and we have been hearing from sources is it has been a no go, republicans still want spending decreases, a list of spending cuts from the white house and democrats want the top rates to go up for those earning $250,000 a year. we expect john boehner to submit a status update but considering how things have been going, we can expect it will be not all that positive. we spoke to other republicans including chairman of the house financial services committee who sa
one of the reasons is europe, europe has been a break out and the dollar has been weaker and that has held equities higher. we continue to move to the upside. so far so good. 20 of 30 names are winners and mcdonald's is down. cheryl: a couple things we are watching for. house speaker john boehner expects to make some last minute remarks on the progress of the fiscal cliff talks, the president began on the house floor. we did not expect this at all. now we're hearing we will get some type of...
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reduce europe so one cannot say that there has been peace of europe since there in any case if we look further afield with syria the european union's policy the actual policy of the european union as an organization never mind its member states has been in my view to fan the flames of the conflict in syria and not to act as a peace broker so there is literally no way in which we can say that the european union as foster peace. also i have for you this hour of security tightens in egypt as more protests loom supporters and opponents of president mohamed morsi are said to confront each other again as a nation readies for this weekend the referendum on a draft constitution plus. she said well you won't have no bread he. said why a way to may one day you mean she said you will never know. barger from having a baby we see the victims of a u.s. eugenics program have any chance of having their personal tragedies recognize this story in much more after a short break. which is slow often enough and knows that to ride a horse you've got to catch it first. for him it's a daily routine that you're
reduce europe so one cannot say that there has been peace of europe since there in any case if we look further afield with syria the european union's policy the actual policy of the european union as an organization never mind its member states has been in my view to fan the flames of the conflict in syria and not to act as a peace broker so there is literally no way in which we can say that the european union as foster peace. also i have for you this hour of security tightens in egypt as more...
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this is all about the access to europe and heathrow, correct? >> it's really about the access to the uk/u.s. marketplace. it's by far, by 200%, the largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can you do that singapore air could not do? is it about that access between new york and london? >> yes. and it's about geography. singapore is a long way away from london. and the traffic flows between singapore and london are light. a couple hundred people a day between singapore and london. whereas the traffic flows between the u.s. and uk for business travelers represent $2 billion in annual revenue. so it's massive. massively larger, and the geography is a lot closer. >> you're expecting approval perhaps by the middle of next year. once that happens when will you say
this is all about the access to europe and heathrow, correct? >> it's really about the access to the uk/u.s. marketplace. it's by far, by 200%, the largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can...
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there has not been peace in europe for the last sixty years as the president of the european council said everybody knows that there was a war against yugoslavia in one thousand nine hundred ninety in which european states e.u. member states participated very fully they attacked you. so one cannot say that there has been peace in europe since them in any case if we look further afield with syria the european union's policy the actual policy of the european union as an organization nevermind its member states has been in my view to fan the flames of the conflict in syria and not to act as a peace broker so there is literally no way in which we can say that the european union has fostered peace. also ahead a few the security titans in egypt has more protests new supporters and opponents of president mohamed mursi. front each of the gang affiliation is itself a school and referendum draw a constitution. he says well he won't have no bread. i said way made him a lightning. thank you he will never hand then. from having a baby to see if the victims of a u.s. eugenics program any chance of
there has not been peace in europe for the last sixty years as the president of the european council said everybody knows that there was a war against yugoslavia in one thousand nine hundred ninety in which european states e.u. member states participated very fully they attacked you. so one cannot say that there has been peace in europe since them in any case if we look further afield with syria the european union's policy the actual policy of the european union as an organization nevermind its...
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there has not been peace in europe for the last sixty years as the president of the european council said everybody knows that there was a war against yugoslavia and nine hundred ninety nine in which european states e.u. member states participated very fully they attacked you. so one cannot say that there has been peace of europe since then in any case if we look further afield with syria the european union's policy the actual policy of the european union as an organization never mind its member states has been in my view to fan the flames of the conflict in syria and not to act as a peace broker so there is literally no way in which we can say that the european union has fostered peace. also ahead here this hour security tightness in egypt has more protests new supporters and opponents of president mohamed morsi set to confront each other again as the nation that is itself in this weekend's referendum on a draft constitution plus. he says well he won't have no. way to may want a new main he said you were never heard. from having a baby the victims of a u.s. citizen program any charg
there has not been peace in europe for the last sixty years as the president of the european council said everybody knows that there was a war against yugoslavia and nine hundred ninety nine in which european states e.u. member states participated very fully they attacked you. so one cannot say that there has been peace of europe since then in any case if we look further afield with syria the european union's policy the actual policy of the european union as an organization never mind its...
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the prize committee said the 27-nation bloc turned europe from a continent of war into a continent of peace. rampai vowed to strengthen european unity andverce th economic crisis. however, critics say the prize is inappropriate, pointing out that the eu has failed to limit the impact of europe's economic troubles. those same critics are pointing at italy. what does this say about investors? >> it says that investors are selling bonds. that's why the yields are going up. it also implies these same people are getting cautious, incrsing cautious er the country. he says he will resign once the next budget bill is passed. the rates had been easing for about a month. the key index on the milan stock exchange plunged by nearly 4% ending the day with a 2.2% drop. the euro was traded lower against the dollar and the yen. the future of italian politics is now more cloudy. the announcement doesn't seem to have caused nu ed much trouble investers outside of italy. >>> over in the united states president obama said he is ready to compromise before plunging over the fiscal cliff. >> people have a l
the prize committee said the 27-nation bloc turned europe from a continent of war into a continent of peace. rampai vowed to strengthen european unity andverce th economic crisis. however, critics say the prize is inappropriate, pointing out that the eu has failed to limit the impact of europe's economic troubles. those same critics are pointing at italy. what does this say about investors? >> it says that investors are selling bonds. that's why the yields are going up. it also implies...
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you look what is happening in europe, in france, in italy. in all of the countries suffering the most right now in terms of growth they have just jacked up their value-added tax to 25%. >> okay. so here's principle i think we need to draw in the sand. we should not have an ad-on, value-added tax. we should have a replacement value-added tax. david: don't put it on top of what we have? >> they have got value-added taxes but have every other imaginable tax and the national sport in italy is not paying taxes right? david: let me just, the president has weighed in on what he wants to do in order to change the tax code. he did it about a year ago. let's play that sound and get your reaction to it. >> i've said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits, and have some compromise between democrats and republicans. i understand, you know, people have a lot of different views. i'm willing to compromise a little bit. david: that is not what i was referring to. what he said a year ago is this. giv
you look what is happening in europe, in france, in italy. in all of the countries suffering the most right now in terms of growth they have just jacked up their value-added tax to 25%. >> okay. so here's principle i think we need to draw in the sand. we should not have an ad-on, value-added tax. we should have a replacement value-added tax. david: don't put it on top of what we have? >> they have got value-added taxes but have every other imaginable tax and the national sport in...
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for carving and a respect for craftsmanship that drew inspiration from a world wider and older than europe. his fascination with the body and the play of internal and external forms inspired radical abstractions, part dreamscape, part landscape. his later works, more ambitious in size, are essays in the old tradition of making art for public spaces, written in the new language of modernism. they bridged a gulf between contemporary art and popular taste that gratified henry moore, who came to see art as a public service as well as a private calling.
for carving and a respect for craftsmanship that drew inspiration from a world wider and older than europe. his fascination with the body and the play of internal and external forms inspired radical abstractions, part dreamscape, part landscape. his later works, more ambitious in size, are essays in the old tradition of making art for public spaces, written in the new language of modernism. they bridged a gulf between contemporary art and popular taste that gratified henry moore, who came to...
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in tunisia, 75% of its exports go through europe. there is also a physical problem. you need a leadership concentrating on the right issues. there is a criticism here. in tunis, the leaders are too bogged down in political battles. the role of religion in the street -- state. two years of feels like a long time if you are waiting for a job. >> a long time indeed. stay with us all of this week for special coverage of arab spring anniversary. we have a special section on our website looking at the political changes in the region. just go to bbc.com/arab uprisings. shattered and her broken, the two australian deejays to make a prank call to the hospital said they feel after the death of the nurse then spoke to. the two radio personality speak about what they say was a tragic turn of events that no one could have predicted. our royal correspondent has the latest. >> they have made the journey from the family home in bristol. floors have been placed in tribute. after 30 minutes, her husband and their son and daughter emerged. they had been accompanied by the mps. >> in th
in tunisia, 75% of its exports go through europe. there is also a physical problem. you need a leadership concentrating on the right issues. there is a criticism here. in tunis, the leaders are too bogged down in political battles. the role of religion in the street -- state. two years of feels like a long time if you are waiting for a job. >> a long time indeed. stay with us all of this week for special coverage of arab spring anniversary. we have a special section on our website looking...
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as for europe, not too much to worry about for western and central locations. potent low bringing blizzard like conditions. it's fwog to going to push off toward the black sea. to the south, more heavy rain coming into southern turkey. and we've already had quite a week of heavy rain here. flood conditions will be possible. here are temperatures, minus 9 in moscow. minus 3 in stockholm on wednesday and minus 4 and minus 2 in berlin and vienna. 3 degrees in london and 1 degree in paris. and i leave you now with your extended forecast. >>> we'll be back with more news in 30 minutes. i'm gene otani in tokyo. -- captions by vitac -- www.vitac.com
as for europe, not too much to worry about for western and central locations. potent low bringing blizzard like conditions. it's fwog to going to push off toward the black sea. to the south, more heavy rain coming into southern turkey. and we've already had quite a week of heavy rain here. flood conditions will be possible. here are temperatures, minus 9 in moscow. minus 3 in stockholm on wednesday and minus 4 and minus 2 in berlin and vienna. 3 degrees in london and 1 degree in paris. and i...
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europe strong efforts to pull itself out of the economic myra well documented but it's not alone japan's now entered its fifth recession in fifteen years it comes just days before the country's election which is expected to sweep the current prime minister from power current affairs journalist james corbett believes any change in power could see a more militarized japan in a region where tensions are already high. it seems that almost inevitable that the l.d.p. is going to be put back into power next week and with that comes not only big changes in the economic policy but i think there is going to be some some very big changes geopolitically speaking as. the leader of the l.d.p. is quite a hard liner on a number of issues and is even thinking of revising the the japanese constitution to allow for greater military use of the japanese military over see this is his second kick at the can as prime minister if he does get it in fact elected next week and while the first time around he was interested in revising the japanese constitution it's a deeply deeply unpopular policy here in japan whic
europe strong efforts to pull itself out of the economic myra well documented but it's not alone japan's now entered its fifth recession in fifteen years it comes just days before the country's election which is expected to sweep the current prime minister from power current affairs journalist james corbett believes any change in power could see a more militarized japan in a region where tensions are already high. it seems that almost inevitable that the l.d.p. is going to be put back into...
SFGTV2: San Francisco Government Television
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, that the rates of drug use in portugal did not go up at the same rates as comparable countries in europe. that suggests powerful evidence that you cannot just turn smling from a felony to a misdemeanor but eliminate the criminalization of drug possession, small amounts, without suffering negative consequences in terms of public health or public safety. now, when marty said before about people have no incentive to go into drug treatment, you know, if i could, it reminded me of the comedian, when you said all you have is humor, a hammer and everything looks like a nail, i think the perspective for prosecutors is when all you have is a criminal sanction, everything looks like a nail. and the only way to get people into treatment is threaten them with a criminal sanction. tens of millions of people have gone to a.a. and n.a. without the criminal sanction. and when you have evidence -- i remember this, one of the first exchange programs at tacoma, washington, what they found was the needle exchange program was the principal point of source of recommendations into drug treatment. think about i
, that the rates of drug use in portugal did not go up at the same rates as comparable countries in europe. that suggests powerful evidence that you cannot just turn smling from a felony to a misdemeanor but eliminate the criminalization of drug possession, small amounts, without suffering negative consequences in terms of public health or public safety. now, when marty said before about people have no incentive to go into drug treatment, you know, if i could, it reminded me of the comedian,...
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Dec 11, 2012
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. >> kenny thinks we're beginning to look a little like europe. they are punting. >> the market, as we saw in europe, they rallied the market ahead of what they thought was going to be a deal, kicked the can down the road. in fact, if that's the case. michael may be right there's going to be a framework but not a deal, yes, we rallied the market, they will become disappointed and take it back. >> that's not the case. if you look at what's happening, economy better, earnings solid, interest rates are low. the fed probably this week will announce they are going to continue their policies to flood the system with money. >> but there's your answer. the fed is going to keep pumping the system with money. fundamentally are we really where we should be. >> we're not talking about fundamentals. we're talking about what the market is going to do. there's reality and what the market is going to be. if there's free money, we might be broke but there's free money. >> all right. that sounds like a good recipe. michael, we'll have you back later in the hour. >>
. >> kenny thinks we're beginning to look a little like europe. they are punting. >> the market, as we saw in europe, they rallied the market ahead of what they thought was going to be a deal, kicked the can down the road. in fact, if that's the case. michael may be right there's going to be a framework but not a deal, yes, we rallied the market, they will become disappointed and take it back. >> that's not the case. if you look at what's happening, economy better, earnings...
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Dec 11, 2012
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look to europe, look to asia. that's where the growth is. there's better places than here in the u.s. >> we should note the mission critical coverage continues today on cnbc. larrdlow next on location with a special show from there at 7:00 p.m. eastern time. you see there his guests, jon kyl and peter roskam. get a check on a name that's moving right now. jackie, back at heldquarters. >> molycorp is reporting they have a new president and ceo. he is succeeding mark sit that has left the company. he will continue to serve as a director and vice chairman of molycorp's board. the company is looking for a permanent president and ceo. and that stock is moving down, more than 5%. back to you. >> thank you very much, jackie. $1.5 billion market cap company. we talked about this on "fast money" a couple of years ago, when -- >> when china restricted rare earth, this was a great stock to be in. it became a broken momentum stock, the story started to fall apart. the last couple of davedays, th stock was up 20% to 30%. >> it's gone from six bucks aroun
look to europe, look to asia. that's where the growth is. there's better places than here in the u.s. >> we should note the mission critical coverage continues today on cnbc. larrdlow next on location with a special show from there at 7:00 p.m. eastern time. you see there his guests, jon kyl and peter roskam. get a check on a name that's moving right now. jackie, back at heldquarters. >> molycorp is reporting they have a new president and ceo. he is succeeding mark sit that has left...
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what if we let europe defend europe and south korea defend south korea and said we will take care of ourselves for awhile. >> and my great fear is the chaos that arrives from that. >> why do you fear chaos, sir? >> excellent point. >> the argument though is that these other countries that want to replace us don't have an idea. but america is an idea. so when america decides not to be in charge you lose the idea of exceptionalism that other countries don't have. >> but do we care? >> i don't know. >> what if we just put charles in charge? >> of our days and our nights? >> scott baio would do an excellent job. >> i think he would. >> have you seen the women he has been with? >> not recently. >> all of them. >> really? >> can you picture nicole eggert at the white house? >> i met scott baio's wife is dynamite and nicole eggert is not bad and pamela anderson. >> and heather locklear. >> allegedly on that one. >> it is true. got it from tommy lee. >> bill asked if being given a 24% chance was overly optimistic. you said you thought so with all of the medical advances. >> there will be a l
what if we let europe defend europe and south korea defend south korea and said we will take care of ourselves for awhile. >> and my great fear is the chaos that arrives from that. >> why do you fear chaos, sir? >> excellent point. >> the argument though is that these other countries that want to replace us don't have an idea. but america is an idea. so when america decides not to be in charge you lose the idea of exceptionalism that other countries don't have. >>...
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the eu was honored for promoting peace and human rights in europe. >> the european project has shown it is possible for people and nations to come together across boarders. >> hundreds of people outraged by the eu being awarded protested. they say they are unfit for the honor. >>> coming up, what gmail is blaming for it is e-mail outage this morning and facebook is going forward with policy changes. and the latest on the condition of nelson mandela who was hospitalized over the weekend. oh, you have a keurig vue brewer? oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotter -- with the keurig vue. because we know how much you do to make the holidays just right. from ornaments to ottomans, memories are made with ikea. >>> a lot of gmail users were left in a lunch this morning. google says it was a glob
the eu was honored for promoting peace and human rights in europe. >> the european project has shown it is possible for people and nations to come together across boarders. >> hundreds of people outraged by the eu being awarded protested. they say they are unfit for the honor. >>> coming up, what gmail is blaming for it is e-mail outage this morning and facebook is going forward with policy changes. and the latest on the condition of nelson mandela who was hospitalized over...
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this bank is incorporated in europe a problem with the investigation. it was the united states senate over the summer that raised a lot of red flags how hsbc was doing business and who they did business with including iran, libya, cuba, and mexican drug cartels. fox reaped out to hsbc. here is what they say, from a spokeswoman. i would emphasize this is not about certain individuals. we are accountable for what went wrong, remedying it and learning from it. they have a new c.e.o. and new people in place. they will spend $700 million to make sure their controls are in place. does that excuse what they have done? maybe not morale but financially they say and the this country and the department of justice say they are paying their dues. >>shepard: the spokesperson said this is not about individuals but the bank did not write that memo, a person had to write that memo and at the same time the bank cannot do deals with people they know are fraudulent and criminal. only people can do that. the government said they knew they had the goods and decided not to ge
this bank is incorporated in europe a problem with the investigation. it was the united states senate over the summer that raised a lot of red flags how hsbc was doing business and who they did business with including iran, libya, cuba, and mexican drug cartels. fox reaped out to hsbc. here is what they say, from a spokeswoman. i would emphasize this is not about certain individuals. we are accountable for what went wrong, remedying it and learning from it. they have a new c.e.o. and new people...
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europe and america are aging rapidly. in europe the population is shrinking. there is no such demographic problem in china. you add it all together, debt, demographics and growth rate china is indeed on course to become number one fairly soon. gregg, hold on a second. there is a danger in just extrapolating out from current trends. what's in place will go on forever. we did that with japan 30 years ago. got that one wrong. maybe we shouldn't be extrapolating like this with china. gregg: the other thing that is very conspicuous here is the enormous trade imbalance with china. our trade deficit with china has tripled over the last 10 years. point of fact i just looked it up today. we export 7%. they export 23% to the united states. isn't that a job killer for americans? >> yes it is. there is no question about it. many of the jobs which our fathers and grandfathers had in the united states left a generation ago or 10 years ago, they left for china and that's basic in the relationship between china and the united states economically at this moment. that doesn't c
europe and america are aging rapidly. in europe the population is shrinking. there is no such demographic problem in china. you add it all together, debt, demographics and growth rate china is indeed on course to become number one fairly soon. gregg, hold on a second. there is a danger in just extrapolating out from current trends. what's in place will go on forever. we did that with japan 30 years ago. got that one wrong. maybe we shouldn't be extrapolating like this with china. gregg: the...
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europe's best architects sculptors. like francisco nicholas machete. all hired to help to realize his grand ideas. even. construction stopped as each successive contributed to its present appearance is huge. five hundred football fields. so if his researching the imperial residence is unique fountain system to finish her ten year long project she still has to conduct a number of interviews. the state of the fountain is well known but as for the pipe system very few are aware of it so i would like to make people familiar with it. has been in charge of preserving the fountain system for thirty five years. she made up our minds to work here when she first saw the grand cascade at the age of five. grottos beneath the fountains a little by daylight and still because they did peter the greats time back then only people who were thin and short enough would be able to work here so they could climb into a pipe and fix anything that broke down today's engine is such problems with the help of technology. enough for to day so we can stand. no problems today. i saw
europe's best architects sculptors. like francisco nicholas machete. all hired to help to realize his grand ideas. even. construction stopped as each successive contributed to its present appearance is huge. five hundred football fields. so if his researching the imperial residence is unique fountain system to finish her ten year long project she still has to conduct a number of interviews. the state of the fountain is well known but as for the pipe system very few are aware of it so i would...
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europe is obviously important. but you're focusing on emerging markets. >> yes. >> even putting manufacturing, which i'm not sure, why would you build -- you're building a $100 million plant in africa. why not just export to avenue from from other places? why build a plant in africa? >> we have going to affect the organization from here. this was a unique opportunity because it was a state-owned factory. we managed to take over and they needed technology. and why produce there is a huge market. there are 1 billion people right now, the population will double. >> on the continent? >> yeah. on the continent of africa. they have a problem with feud security now. they have 60% of the global reserves of tillable land, which is great news, and only 20% of this land are used today, are farms today. therefore, it is a very interesting market. i'm very proud that we discovered it first and that we will be there also the first to manufacture from the western global players. >> so private corporation. who needs to go into tha
europe is obviously important. but you're focusing on emerging markets. >> yes. >> even putting manufacturing, which i'm not sure, why would you build -- you're building a $100 million plant in africa. why not just export to avenue from from other places? why build a plant in africa? >> we have going to affect the organization from here. this was a unique opportunity because it was a state-owned factory. we managed to take over and they needed technology. and why produce there...
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the carmaker is attempting to put the brakes on its losses in europe. the plant shutdown becomes the first for germany since world war ii. italian bond yields headed higher following news that prime minister mario monti plans to resign. monti's reign will come to an end in february, following passage of the 2013 budget. the move raises political concerns over italy in the midst of the eurozone crisis. monti has been credited with keeping italy's debt crisis under control. the japanese economy has some gross domestic problems. japan's gdp has contracted two quarters in a row, signaling it has entered recession. a recent territorial dispute with the chinese government and struggles following last year's tsunami continue to hurt japan's export market. an election next week in japan could have a large effect on fiscal policy. reports say delta is close to landing a deal that will give the airline a 49% stake in virgin atlantic. bloomberg reports talks between delta and singapore airlines, which is looking to sell its stake in virgin, are advancing. the deal
the carmaker is attempting to put the brakes on its losses in europe. the plant shutdown becomes the first for germany since world war ii. italian bond yields headed higher following news that prime minister mario monti plans to resign. monti's reign will come to an end in february, following passage of the 2013 budget. the move raises political concerns over italy in the midst of the eurozone crisis. monti has been credited with keeping italy's debt crisis under control. the japanese economy...
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europe, russia, china, continue to decline. and india will grow like china today. in a tectonic shift, asia will have surpassed north america in europe in terms of global power, based upon gdp, population size, military spending and tech technological investment. china will surpass the u.s. economy even before that what does this mean? look when you see the short-termism in washington, where they are arguing about tax increases and entitlement reform and very short-term thinking overall, this is the big picture. the big picture is more change any time since the french revolution, the industrial revolution in the 18th century and happening more quickly than we have ever seen. people more empowered. governments having less power and no single global leader. quickly about global leaders in business. a new report released a catalyst for us. and growth for pay and positions for women at the highest levels of corporate america, flat lining. flat lining of the fortune 500, 14% are women, 85% men. this is not moving. 8.1% of top earners in corporate america are women. 91%
europe, russia, china, continue to decline. and india will grow like china today. in a tectonic shift, asia will have surpassed north america in europe in terms of global power, based upon gdp, population size, military spending and tech technological investment. china will surpass the u.s. economy even before that what does this mean? look when you see the short-termism in washington, where they are arguing about tax increases and entitlement reform and very short-term thinking overall, this...
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. >> this stopped travel in southeastern europe and even a handful of deaths were reported as a result of this storm. >> is this more than they're usually used to? what's so odd about this one? >> they had unusually warm temperatu temperatures for the fall. now heavy winds an with the snowfall. >>> it may not like like it, but this is cutting edge technology if you're a syrian rebel. basically what you're looking at is a tank. they've got armor cladding built over an old car chassis. they've got a gun mounted turret up top. but look. if you noticed, there are no windows on this tank. of course that wouldcompromise the security of a tank. instead they'vemounted cameras drive via camera view. the gun turret looks to be operated by a police station controller. >> yeah. i was like, this doesn't look like warfare equipment. it looks more like a game. >> if you're fighting a government-funded military, and this is all you've got to work with, this is pretty good. >> that took some know-how. to take a video controller, hook it up so you can drive this and shoot. that's pretty -- a lot of thou
. >> this stopped travel in southeastern europe and even a handful of deaths were reported as a result of this storm. >> is this more than they're usually used to? what's so odd about this one? >> they had unusually warm temperatu temperatures for the fall. now heavy winds an with the snowfall. >>> it may not like like it, but this is cutting edge technology if you're a syrian rebel. basically what you're looking at is a tank. they've got armor cladding built over an...
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and europe and china are going to have different strategies. but the notion that in this region gas could be $2 to $3 or even $5 $6 for a million b.t.u.s shifts nuke fear this country out over a period of time. there may be a few new reactors built, but not many. >> rose: when do we have energy independence because of the online production of shale? >> here's what i would say, charlie. in other words, somebody who's smarter than i am should pick what's the right strategy. is it independence? is it security? is it something like that? but between canada, mexico, and the united states this region, the and a half a region, could be energy independent very soon. this region could probably be the most powerful or one of the most powerful energy producing regions in the world. and shale gas is just a game changer. it's just -- it's just a game changer is it a pan see yaw yah? no. but it opens up doors and that's something we should have high on the lists of things to do. >> rose: when you see that, what could disrupt that possibility of shale gas pla
and europe and china are going to have different strategies. but the notion that in this region gas could be $2 to $3 or even $5 $6 for a million b.t.u.s shifts nuke fear this country out over a period of time. there may be a few new reactors built, but not many. >> rose: when do we have energy independence because of the online production of shale? >> here's what i would say, charlie. in other words, somebody who's smarter than i am should pick what's the right strategy. is it...
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we've seen this in the past in europe and other brinksmanship moments. my hope would be that a small correction in the markets, maybe down 5% for a couple of days in a row, would kind of get them back and really force them to kind of make a decision but my worry is that that's what it will take there. has to be some external pressure applied to get them to understand the consequences of this endless debate. >> what's the green light you're waiting for to buy then? >> it's -- it's seeing a deal done because frankly i -- i'm not going to jump on the first tentative deal. these things can easily fall apart once they see the light of day and the details come out. i think investors should be careful about going for head fakes, the inevitible stories about they are about to reach an agreement show me the details so that i know whether the deal is doable or not and then i'll determine whether or not they resolve the problem. >> thanks for coming on the program. thanks so much. >> thank you. >> ethan harris joining us. >> and as we head towards the close, the bi
we've seen this in the past in europe and other brinksmanship moments. my hope would be that a small correction in the markets, maybe down 5% for a couple of days in a row, would kind of get them back and really force them to kind of make a decision but my worry is that that's what it will take there. has to be some external pressure applied to get them to understand the consequences of this endless debate. >> what's the green light you're waiting for to buy then? >> it's -- it's...
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course to the former soviet republics countries like ukraine belarus and kazakhstan but also to western europe it does have a number of devoted fans even in countries like germany but the one good thing about this deal with every known nissan is that at least the government will no longer have to spend billions of dollars on supporting the ailing auto maker over the years this state supports came in many shapes and forms in stock to auto vos receipt. eved eight fifty seven billion ruble that's about one point seven billion dollar credit line from the state that it pays no way tristan and doesn't have to be back until the year twenty thirty two how do i get a loan like dobbs and of course the famous cash for clunkers program launched by the state in twenty ten primarily benefited of to vaas in fact about fifty percent of its monthly sales in the twenty ten and twenty eleven came from the people who participated in that program but of course regardless of all the incentives if you ask me i would really want to own a lot of. and days so that's a business kevin back in just under two hours or i th
course to the former soviet republics countries like ukraine belarus and kazakhstan but also to western europe it does have a number of devoted fans even in countries like germany but the one good thing about this deal with every known nissan is that at least the government will no longer have to spend billions of dollars on supporting the ailing auto maker over the years this state supports came in many shapes and forms in stock to auto vos receipt. eved eight fifty seven billion ruble that's...
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just left molotov the man who had signed the secret protocols of the division of europe with the nazis and further reason to hate the head of state stalin had sent his wife. to a gulag. himself was deprived of any real power preparations were already being made for his arrest while a tough grandson owes his own to stalin's death. you. both mullets of the same choosing were great at surviving but when they saw the first signs that my grandmother was going to be arrested certain to come up with a plan it was actually they got divorced and cossack ways it was their only chance for survival wizards and the plan worked. that's how my mother stayed alive and gave birth to me. many people surrounding stalin had motive for murdering him however some didn't have the courage while others like the opportunity. stalin always replaced people as cabinet before they had the chance to have lost. the leader deprived himself of family friends and. relatives he replaced them with a party member of the raid. but just as he died suddenly it seemed to them that he had opened his eyes and raised and so they
just left molotov the man who had signed the secret protocols of the division of europe with the nazis and further reason to hate the head of state stalin had sent his wife. to a gulag. himself was deprived of any real power preparations were already being made for his arrest while a tough grandson owes his own to stalin's death. you. both mullets of the same choosing were great at surviving but when they saw the first signs that my grandmother was going to be arrested certain to come up with a...
SFGTV: San Francisco Government Television
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Dec 11, 2012
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if you go to canada or europe, it's very common there, even on the east coast it's very common to. and they have gotten much better machines so you can now put a machine like that in front of the store. >> is that at whole foods at 4th street? >> no, it's at the safeway at 4th street and one at clement and 7th, safeway and one i believe at the marina safeway. >> are they being used? >> yes, they are. >> they are kind of limited, again, if someone comes up with a shopping cart it kind of shuts it down, but for the family or for folks, that is kind of the small-scale solution. that if we get the prices of those down, they are a little expensive at the moment. that could provide convenience in a lot of neighborhoods. and then you would need that distribution system to collect it. i think we do have some solutions. >> director dick-endrizzi? >> just to make sure that commissioner ortiz-cartagena, if the supermarket isn't there and then the small businesses in that half-mile radiuss, they are not required to participate in the program. it's just when the supermarket is established, then
if you go to canada or europe, it's very common there, even on the east coast it's very common to. and they have gotten much better machines so you can now put a machine like that in front of the store. >> is that at whole foods at 4th street? >> no, it's at the safeway at 4th street and one at clement and 7th, safeway and one i believe at the marina safeway. >> are they being used? >> yes, they are. >> they are kind of limited, again, if someone comes up with a...
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which means you can you can lower your tax burden legally and decide not to you paying more tax in europe and then you're obliged to under the law and the government uses the tax money for bad things it uses it to to buy a whole army of the bureaucrats who write billions of new rules and create a lot of damage when you pay too much tax your corresponds with your morally corresponds to the damage of government guns so i think every person has a moral obligation to pay as little. bahrain's leader he would right sector it is staying behind bars we talk about that seem to not be a ragin was going to sentence reduced on appeal despite international pressure on the monarchy to stop persecuting political activists and let him go free we talked more about that later also a midwestern concerns of the syrian government could use chemical weapons or a growing fears the stockpile could actually get into extremist hands that's right . it's perched atop a giant rock and the view from the ball scrubland stretches as far as the eye can see. for a city the. barrier for centuries. it lost its economic impo
which means you can you can lower your tax burden legally and decide not to you paying more tax in europe and then you're obliged to under the law and the government uses the tax money for bad things it uses it to to buy a whole army of the bureaucrats who write billions of new rules and create a lot of damage when you pay too much tax your corresponds with your morally corresponds to the damage of government guns so i think every person has a moral obligation to pay as little. bahrain's leader...
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there has not been peace in europe for the last sixty years as the president of the european council said everybody knows that there was a war against yugoslavia of nine hundred ninety nine in which european states e.u. member states participated very fully. one cannot say that there has been. since then in any case if we look further afield with syria the european union's policy the actual policy of the european union as an organization nevermind its member states has been in my view to fan the flames of the conflict in syria and not to act as a peace broker so there is literally no way in which we can say that the european union has fostered peace. well in these tough economic times that many vulnerable people in dire straits can often fall for schemes aimed to defraud them around fifty minutes time our finance experts max keiser explains how it's the bankers who always seem to benefit. what is p.p.i. schemes here in the u.k. that the public private partnerships you know the businessman in the city of london will say we don't really care about making money so much we just want to c
there has not been peace in europe for the last sixty years as the president of the european council said everybody knows that there was a war against yugoslavia of nine hundred ninety nine in which european states e.u. member states participated very fully. one cannot say that there has been. since then in any case if we look further afield with syria the european union's policy the actual policy of the european union as an organization nevermind its member states has been in my view to fan...
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getting oil to europe but of course that would rival turkey qatar and israel were in using. those rival russia so it's there's a huge octopuses reasons. i think. for the people in the world is it that they're going to talk of syria and what do you really quickly about thirty seconds on what do you advocate i know that you have a big following and people do look to you and you know firsthand you know where you are syrian you have connections there what do you advocate as a solution i mean people are dying obviously there it is a very complex situation and what do you think should be the solution well i think reform is the solution you know i'm not a pro-government person buys you look my country just like many others. i think i'm the star i have come out to vote for a new constitution the majority of them did and i think that the people of the us should. process and the world that should try to resist their government's agenda inside syria to prevent these extremist elements from taking power and of course we will end up with a repeat of the last twenty years as well have got
getting oil to europe but of course that would rival turkey qatar and israel were in using. those rival russia so it's there's a huge octopuses reasons. i think. for the people in the world is it that they're going to talk of syria and what do you really quickly about thirty seconds on what do you advocate i know that you have a big following and people do look to you and you know firsthand you know where you are syrian you have connections there what do you advocate as a solution i mean people...